Assessing the Risk and Potential of JOYY Inc ADR’s (YY) Stock

The stock of JOYY Inc ADR (YY) has seen a -2.70% decrease in the past week, with a 0.70% gain in the past month, and a 2.51% flourish in the past quarter. The volatility ratio for the week is 2.23%, and the volatility levels for the past 30 days are at 3.34% for YY. The simple moving average for the last 20 days is 2.15% for YY stock, with a simple moving average of -6.04% for the last 200 days.

Is It Worth Investing in JOYY Inc ADR (NASDAQ: YY) Right Now?

JOYY Inc ADR (NASDAQ: YY) has a higher price-to-earnings ratio of 6.90x compared to its average ratio, The 36-month beta value for YY is at 0.39. Analysts have varying views on the stock, with 11 analysts rating it as a “buy,” 7 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for YY is 44.32M, and currently, shorts hold a 3.84% of that float. The average trading volume for YY on April 12, 2024 was 684.30K shares.

YY) stock’s latest price update

JOYY Inc ADR (NASDAQ: YY)’s stock price has decreased by -2.50 compared to its previous closing price of 33.99. However, the company has seen a -2.70% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-19 that JOYY Inc. (YY) Q4 2023 Earnings Call Transcript

YY Trading at 2.77% from the 50-Day Moving Average

After a stumble in the market that brought YY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.29% of loss for the given period.

Volatility was left at 3.34%, however, over the last 30 days, the volatility rate increased by 2.23%, as shares surge +4.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.41% upper at present.

During the last 5 trading sessions, YY fell by -2.41%, which changed the moving average for the period of 200-days by +7.92% in comparison to the 20-day moving average, which settled at $32.51. In addition, JOYY Inc ADR saw -16.52% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for YY

Current profitability levels for the company are sitting at:

  • 0.01 for the present operating margin
  • 0.36 for the gross margin

The net margin for JOYY Inc ADR stands at 0.13. The total capital return value is set at 0.0. Equity return is now at value 5.84, with 3.44 for asset returns.

Based on JOYY Inc ADR (YY), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 0.85. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is 2.5.

Currently, EBITDA for the company is 158.71 million with net debt to EBITDA at -5.25. When we switch over and look at the enterprise to sales, we see a ratio of 0.5. The receivables turnover for the company is 17.24for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.

Conclusion

In conclusion, JOYY Inc ADR (YY) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts